Two executives who were publicly excoriated over Wells Fargo's opening of millions of bogus accounts must give back millions more dollars in pay, the bank's board announced Monday. The board is clawing back an additional $47 million from Carrie Tolstedt, who headed the troubled sales division, and $28 million from former CEO John Stumpf.

Stumpf "was too slow" to see problems in sales practices that brought an $185 million punishment from the Consumer Financial Protection Bureau, the board says. It added that he also failed to protect the bank's reputation from what the CFPB has called "the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts."


Both Stumpf and Tolsedt had previously been forced to return tens of millions of dollars. With the new clawbacks, Wells Fargo's board says, the bank has now recovered more than $180 million in executive compensation over the scandal.

Of that total, $69 million has come from Stumpf and $67 million from Tolstedt, the bank says. Stumpf resigned in October of 2016.

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